IVSz chairman Zoltán Kovács, speaking at an IT event, said small- and medium-sized high-tech companies would be unable to wait out the one- or two-year delay, which is the result of the government’s new-found impetus to reduce the budget deficit. He noted that biotech and infocommunications companies, together with carmakers, account for about 18% of Hungary’s exports, and they will create many of the new jobs in the next 5-10 years. Hungary’s high-tech companies are losing their competitive edge in the region because of high taxes, he said.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
